This is how much money you need to make to buy a home in Twin Cities metro

People seeking to buy a home in the Minneapolis area need nearly 50% more annual income than they did this time last year to afford to buy a home, new analysis shows.

Minnesota shoppers look local this holiday season

This holiday season many shoppers are pinching pennies, but there's also a desire to get out and about instead of only browsing online.

US consumer inflation slowed to 7.7% in October

Consumer inflation reached 7.7% in October from a year earlier and 0.4% from September, the Labor Department said Thursday.

Fed's Kashkari: Jobs report shows why more rate hikes needed

Neel Kashkari, president of the Federal Reserve Bank of Minneapolis, said Friday he thinks the Federal Reserve needs to raise interest rates higher than it had previously forecasted, after a stronger-than-expected jobs report last week.

How steep interest rate hikes impact your finances

Mortgage rates continue to jump, home sales slump and credit cards and auto loans increase.

Aldi matching 2019 Thanksgiving prices

From free turkeys to major discounts, grocery stores are prepping for a Thanksgiving set against surging inflation.

Prices on new, used vehicles finally begin to creep down from inflated highs

Even with the average price of new and used vehicles beginning to ease, auto purchases remain unaffordable for many, with average prices still 30% to 50% above where they were in early 2020.

People of Color Career Fair back in Minneapolis for first time since pandemic

According to Minnesota DEED, the Black unemployment rate sits at 5.9% and the white unemployment rate at 2.2% – based on 12-month moving averages.

Fact Check: Is Minnesota's job growth outpacing the nation?

Democratic governors like Tim Walz can point to record-low unemployment rates. But is Minnesota's job growth anything special, or does a rising tide in the U.S. labor market lift all boats?

First round of grants released to help Minneapolis businesses rebuild after damages from 2020 riots

Out of the devastation and ruin along Lake Street in Minneapolis from the 2020 riots, we got a look at the future thanks to millions of dollars in aid coming from a state revitalization program.

IRS inflation adjustment could lower your tax bill in 2023

The changes are meant to help Americans whose earnings haven’t kept up with the increased cost of living.

Biden to release up to 15 million barrels of oil from strategic reserve

President Joe Biden will announce the release of 15 million barrels of oil from the U.S. strategic reserve Wednesday as part of a response to recent production cuts announced by OPEC+ nations.